OFF_MARKETRisky Deal48 days on market

2011 Portsmouth St Lot 872

2011 Portsmouth St Lot 872, Kill Devil Hills, NC 27948, Kill Devil Hills, NC 27948
$484,000
Zestimate®:$471,600

Listing Price

Property image 1
2011 Portsmouth St Lot 872, Kill Devil Hills, NC 27948
Loc: Kill Devil Hills, NC
Days Listed
48
Zestimate®
$472k
Market Rate
Lot Size
4,792 sqft
Rent Estimate
$2,650/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

6

Nags Head Elementary School

PK-5
4.9 mi away
9

First Flight Middle School

6-8
2.3 mi away
7

First Flight High School

9-12
2.1 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
3.91%
Total ROI
43.8%
Cash Flow
$-935/mo
DSCR
0.63
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Checking Access...

Haven AI

Analyzing property data...

Checking Access...

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-08Listing removed$484,000
2026-07-28Price change$484,000
2026-06-23Listed for sale$499,000
2015-08-21Sold$225,000
2009-01-05Sold$212,500
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
3
Sq Ft
1,422
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $484,000Rent Basis: Observed Comp Model ($2,650/mo)State Tax Benchmark: 0.8% (NC)Hazard Reserve: $141/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.91%

NOI: $18,922/yr

Cash-on-Cash Yield
-10.1%

On $111,320 invested

DSCR Ratio
0.63x

Negative debt coverage

5-Yr Leveraged ROI
+43.8%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.8% of basis)-$323/mo
Homeowner / Hazard Insurance-$141/mo
Vacancy Reserve (5% of rent)-$133/mo
Repairs & Maintenance (10% of rent)-$265/mo
Property Management (8% of rent)-$212/mo
Total Pure Operating Expenses-$1,073/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,650/mo
Less: Operating Expenses-$1,073/mo
Net Operating Income (NOI)+$1,577/mo
Less: Debt Service (30yr @ 6.75%)-$2,511/mo
Net Cash Flow
$-935/mo
$-11,214/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

Similar Properties Nearby

Explore other investment opportunities in Kill Devil Hills.